Issue - meetings

The Council welcomes the recent city council-funded acquisition of the former Murketts Garage site on Histon Road through the Cambridge Investment Partnership, the joint venture between the City Council and private developer Hill. It notes the intention to develop it for a mixture of market and social housing, similar to the Ironworks and Timberworks developments.

At the outset of this new scheme, Council calls for a clear commitment that, unlike Ironworks and Timberworks, overseas property investors will not be targeted for sales, which inflates the local housing market for all, and that marketing will focus on purchasers planning to live or work in Cambridge whether they be from the UK or elsewhere.       

Councillor Levien proposed (in Councillor Payne’s absence) and Councillor Bick seconded the following motion:

The Council welcomes the recent city council-funded acquisition of the former Murketts Garage site on Histon Road through the Cambridge Investment Partnership, the joint venture between the City Council and private developer Hill. It notes the intention to develop it for a mixture of market and social housing, similar to the Ironworks and Timberworks developments.

At the outset of this new scheme, Council calls for a clear commitment that, unlike Ironworks and Timberworks, overseas property investors will not be targeted for sales, which inflates the local housing market for all, and that marketing will focus on purchasers planning to live or work in Cambridge whether they be from the UK or elsewhere.

Councillor Davey seconded and Councillor Bird proposed the following amendment to the motion (deleted text struck through, additional text underlined):

The Council welcomes the recent city council-funded acquisition of the former Murketts Garage site on Histon Road through the Cambridge Investment Partnership, the joint venture between the City Council and private developer Hill. It notes the intention to develop it for a mixture of market and social housing, similar to the Ironworks and Timberworks developments.

At the outset of this new scheme, Council wishes to make clear calls for a clear commitment that, unlike Ironworks and Timberworks, overseas property investors will not be targeted for sales, which inflates the local housing market for all, and that marketing will continue to focus on purchasers planning to live or work in Greater Cambridge, whether they be from the UK or elsewhere. 

The amendment was carried by 27 votes to 5.

Resolved (by 27 votes to 5) that:   

      i.          The Council welcomes the recent city council-funded acquisition of the former Murketts Garage site on Histon Road through the Cambridge Investment Partnership, the joint venture between the City Council and private developer Hill. It notes the intention to develop it for a mixture of market and social housing, similar to the Ironworks and Timberworks developments.

    ii.         At the outset of this new scheme, Council wishes to make clear that marketing will continue to focus on purchasers planning to live or work in Greater Cambridge, whether they be from the UK or elsewhere.